—PROPERTY INFORMATION
Site Summary
Prime development opportunity right in the center of the booming East Austin area; less than 1.5 miles from the Capitol and Downtown Austin. This development opportunity or 2nd generation restaurant is only1.3 acres to the Plaza Saltillo Station, and within walking distance to The Foundry (95,000 SF mixed-use project under development), Car2Go HQ (under development), Onion Street West (315,000 SF under development) and dozens of other existing, planned, or under construction mixed-use and multi-family projects on the east side.
The property is zoned as CS-CO-NP & GR-MU-CONP.
OFFERING SUMMARY
PRICE
$1,650,000
LAND
.34 Total Acres
AREA ZONING
CS-CO-NP & GR-MU-CO-NP
• Prime 2nd-Generation Restaurant
The 7th Street corridor is one of the most sought-after commercial areas in East Austin. The property is located less than 1.3 miles from Plaza Saltillo and 1.5 miles from downtown Austin.
• Great Development Opportunity
Excellent retail or office development opportunity in the booming East Austin area.
• High-Traffic Corridor
The property is positioned along 7th Street with a traffic count over 20,131 vehicles per day.
• High Visibility
The property boasts 133.19 feet of frontage along 7th Street.
• Tremendous Trade Area with High Growth
Over the last ten years, the East Austin area has exploded in growth. With a large housing increase, commercial opportunity, and the countless number of restaurants, the area has become one of the most desired areas in Austin (driven by the Plaza Saltillo Train Station Development, Springdale General, a 10-acre creative office site, and several infill apartment and condominium developments).
— DEVELOPMENT PROFILE
2 Sites • 15,200 Total SF
.34 Total Acres
SITE 1 – 2600 E 7th St
SITE AREA
.24 AC; 10,186 SF
EXISTING IMPROVEMENTS
3.213 SF (2nd Gen Restaurant)
ZONING
CS-CO-NP
YEAR BUILT
1940
CURRENT USER
Vacant
SITE 2 – 2601 Gonzales St
SITE AREA
.10 AC; 5,014 SF
EXISTING IMPROVEMENTS
Asphalt Parking Lot
ZONING
GR-MU-CO-NP
ABOUT 3rd ANGLE REALTY
Austin’s Infill Specialists of 3rd Angle Realty primarily focuses on residential and commercial sales, land sales, owner/user sales, mixed-used development, client representation and leasing in the Austin market. Led by Joshua Brunsmann Broker, he has understood the intricacies Austin’s unique types of zoning and development regulations. The team provides unsurpassed knowledge, focused planning and results, leadership that ensures each assignment receives the highest level of service for sellers and buyers.
